Science Applications International Corporation Common Stock (SAIC)
Financial leverage ratio
| Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,246,000 | 5,314,000 | 5,543,000 | 5,746,000 | 5,723,000 |
| Total stockholders’ equity | US$ in thousands | 1,577,000 | 1,785,000 | 1,694,000 | 1,619,000 | 1,542,000 |
| Financial leverage ratio | 3.33 | 2.98 | 3.27 | 3.55 | 3.71 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,246,000K ÷ $1,577,000K
= 3.33
The financial leverage ratio of Science Applications International Corporation Common Stock has exhibited a declining trend over the past five years. As of January 29, 2021, the ratio stood at 3.71, indicating that the company relied more on debt to finance its operations. However, this ratio decreased to 3.55 by January 28, 2022, and further dropped to 3.27 by February 3, 2023, suggesting a decreasing reliance on debt financing.
By February 2, 2024, the financial leverage ratio decreased to 2.98, signaling a continued reduction in debt usage compared to equity. This trend continued into January 31, 2025, with the ratio slightly increasing to 3.33 but still maintaining a lower level compared to previous years. Overall, the declining trend in the financial leverage ratio indicates that Science Applications International Corporation has been gradually reducing its reliance on debt to fund its operations and potentially improving its financial stability.
Peer comparison
Jan 31, 2025